The Froth Recedes on India's Housing Market
India's prospective homebuyers recently woke up to a tsunami of offers from real estate developers during the Dussehra and Diwali holidays, including astonishing perks such as Mercedes-Benz, BMW and Toyota cars, gold nuggets and foreign vacations. The Mumbai-based Cosmos Group offered a free one-bedroom home with every bungalow and premium flat at four …
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